Custodia Bank, based in Wyoming, managed the issuance, custody, monitoring, and reconciliation of the tokens using its proprietary Avit Management System
Quote
Authors
Assad Jafri
Sources
Custodia, Vantage launch first US bank-issued stablecoin called Avit on Ethereum
Referenced by
Custodia managed token issuance, custody and analytics, while Vantage Bank held fiat reserves and provided Fedwire/ACH settlement services
Crypto news
Claim
